World News: Political News
World Bank Estimates Cost of Reconstruction in Libya at $ 200 Billion.
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Tripoli, 7 February 2016(Lana) The World Bank has estimated the cost of reconstruction in Libya at $ 200 Billion in the next 10 years. In a report entitled 'the Middle East and North Africa Quarter Economic Summary', the Bank said economic growth was below expected due to pressure as a result of wars and terrorism, and decline in oil prices, and the medium term prospects were likely to be pessimistic. The report published on Saturday said restoration of security and stability in the Middle East region and North Africa, would encourage investment and lead to increase in... Read more
Libyan Businessman Arab Economic Character of the Year 2015.
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Tripoli, 7 February 2016(Lana) The Libyan businessman Yusuf Al Hamli CEO of Libya Oil Co. was selected by the Euro-Mediterranean Union of Arab Media-men and Representatives as the economic character of the year 2015. The Union said in a statement the selection the Morocco-based Al Hamli was in recognition of his role in leading the company and the distinguished performance it achieved during the year 2015 in the area of reasonable institutionalism. =... Read more
Sudanese foreign ministry: we did not receive confirmation of halting air flights between Libya and Sudan.
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Khartoum, 06.02.2016 - Lana - The Sudanese foreign ministry today Saturday , asserted that it had not received any confirmation of halting air-flight from Libya to Sudan and vice versa. The official spokesman for the Sudanese foreign ministry 'Ali Sadiq' - in a press statement - said , that we haven't received and official letter from Tobruk government , on confirming the ban of aviation between the two countries by the end of this February. Sadiq , pointed out that Sudan had participated with a high level delegation on the sideline of the recent African summit , in the meeting of the... Read more
Mogherini rules out military intervention in Libya now.
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Amsterdam, 06.02.2016 - Lana - The EU commissioner for foreign policy 'Federica Mogherini' , said that Libya needs a national unity government , to have a better chance in defeating Da'esh organization. In a press statement , after the meeting of EU defense ministers , which was also attended by NATO secretary general 'Jens Stoltenberg' in Amsterdam , Mogherini ruled out military intervention in Libya , before reaching an agreement to establish a national unity government. "The better condition to fight Da'esh in Libya , is by the formation of a national unity government , and to... Read more
Tobruk … a leak at the desalination water plant foreshadowing health disaster.
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Tobruk, 06.02.2016 - Lana - Chief of maintenance department in the desalination water plant in Tobruk city 'Mohamed Rizq' , affirmed that a leak had occurred at the main line carrying water from the plant to the main tank. In a press statement 'Rizq' said , " the leakage had occurred within the plant walls , so we immediately decreased the production from 35 thousand cubic meters , to 17 cubic meters , and operated two pumps instead of three". He pointed out , that this will affect the plant production , and will cause a water crisis inside Tobruk city , if didn't repair the leaking... Read more